Chapter 11

noun

: bankruptcy as provided under Chapter 11 of the Bankruptcy Code which governs corporate reorganization
filed for Chapter 11

Examples of Chapter 11 in a Sentence

Recent Examples on the Web
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While fellow mall staples like California Pizza Kitchen and TGI Fridays have filed for Chapter 11 bankruptcy in recent years, the Cheesecake Factory has escaped the same fate. Amelia Lucas, CNBC, 19 Dec. 2024 In September, Big Lots filed for Chapter 11 bankruptcy reorganization after having suffered continuous losses. Rob Wile, NBC News, 19 Dec. 2024 As a result, the company, which filed for Chapter 11 bankruptcy in April, understated its CEO's compensation by 94% over three fiscal years, according to the agency. Kate Gibson, CBS News, 17 Dec. 2024 Revlon, which also has been hit by tough times, tapped Michelle Peluso as its CEO a year-and-a-half after emerging from Chapter 11 bankruptcy with a new owner, new board and billions less in debt. Kathryn Hopkins, WWD, 16 Dec. 2024 See all Example Sentences for Chapter 11 

Word History

Etymology

see chapter

First Known Use

1970, in the meaning defined above

Time Traveler
The first known use of Chapter 11 was in 1970

Dictionary Entries Near Chapter 11

Cite this Entry

“Chapter 11.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/Chapter%2011. Accessed 23 Dec. 2024.

Legal Definition

chapter 11

noun
chap·​ter 11
: chapter 11 of the U.S. Bankruptcy Code see also Bankruptcy Code
Last Updated: - Updated example sentences
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